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inaccurate. >> host: that's talked about taxes, grover norquist and james madison. when it comes to taxes and what will the government has in using the revenues it raises, what is the history from the 18 century and how is the right wing is that history today? >> guest: americans ha n liked texas. they did not like taxes without representation or taxation with representation. they revolted a few times. whiskey rebellion. there was quite a bit of antitoxin demint in america. that said, the constitution is virtually unlimited taxing power and hamilton wrote 32, 35 about the need to collect taxes and in their, a number of places say very straightforward, but it's politically difficult to vote to raise taxes and i was going to be politically difficult. you do not ever want to do anything to a structural difficulty by putting something to raise taxes because you can't foresee the future. it is dramatically irresponsible to do something like take a pledge saying he will never in your life if the legislature vote to increase taxes. but that would have -- that is dramatically directly opposed to
it comes. a carbon tax. the president says we must recognize the climate danger, forest fires, powerful storms, they're signs that climate change is real, it hurts and it must do something about it. here it comes, a carbon tax. if the president doesn't get a tax through congress, he will issue executive orders, other way you'll pay more in energy taxes or energy prices. in his inaugural address he spent more time on climate change than any other single issue. environmentalists ecstatic, the foreign media client. and the world's great minds will call for a 14 trillion dollar global greening. this is tuesday, january the 22nd, the day after the most liberal, all-government, all the time inauguration speech in memory. "varney & company" is about to begin. you turn for legal matters? maybe you want to incorporate a business. orrotect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a legal plan attorney is available in most states with every personalized document to answer questions. get started at legalzoom.com today. and now you're protected. [
here and also include fundamental tax reform that raise revenue. and raised quite a bit of revenue, 2.4 trillion of that 5.4 trillion would have been revenue, but revenue not required raising rates, but revenue that would come through reforming the tax code, reducing preferences, exclusions that are shot through the tax code, to actually be able to reduce rates and raise additional revenue. for anybody that wanted can you really do that, remember tax expenditures are running $1.2 trillion a year. we are spending more for the tax code than we are through all of the appropriate accounts of the federal government. this is what happens to the deficit in the share of gdp under the fiscal commission plan. you can see a dramatic improvement. the fiscal cliff plan, and what was just adopted, you all know the elements here, individual rates were raised, capital gains and dividend rates were raised, the estate tax was increased to 40% above $5 million. alternative minimum tax was six on a permanent basis paper extended other expiring tax provisions. on the spending side, a doc fix was taken car
their fair share of taxes. he's just another elitist hypocrite when it comes to a fair share of security. protection for their children and gun-free zones for our kids. host: that the latest ad by the nra, put out yesterday, getting a lot of feedback about the ad invoking the president's children. the "washington times" has this headline this morning about president obama's event this morning. that is our question for all of you. if president obama acts on his own with executive action, do you support that idea? we're getting your take on that this morning. we will go to sandra in sulphur springs, texas, a republican. caller: how are you? i just have a question to ask the rest of the people listening. what about the fort hood shootings? has anybody thought about how many guns were there? the man walked in, he was a psychologist, he walked in and killed our soldiers at fort hood. . what is the gun ban going to do on that? what does obama think about that? host: what do you think about the president taking some actions on his own? caller: i don't think anybody ought to take our guns away.
that we were and prompted a very dangerous trend of undermining significant development in tax achieving all around the world. and there are a lot of geoscientists of course, but also the very strong understanding the climate change is not only happening, but have been happening for a long time and i was going to be a clear determining for future disaster risk evolution. so the organization i represent is a relatively modest office, but what is not modest i would say is the international partnership is built around the international strategy for design to your reduction, they said thierry, which has one foot in the u.n. and one and the rest of the world. we can only build on science. you have to work with government supporters business, parliamentarians, with any stakeholder that understands and is willing to engage in education and managing risk for the future. the first product to the first idea that people that got together in the early parts of the decade serenade instrument for international cooperation. that is key here. they started working on what became the framework for action.
is a tax credit that was part of the economic stimulus originally, he sought $500 and i think ultimately, law was less than that. that was a classic compromise that he did not get. another compromise was his promise to repeal the bush tax cuts for higher income. his goal was couples making more than 200th $50,000 or couples making $200,000 and the fiscal cliff deal did not achieve that. we rented that a compromise. let's go to fort lauderdale,. caller: with respect to not keeping a promise for negotiations with a health kicce -- i think that a somewhat wrong. i have watched the other representatives of congress on tv every day negotiating and debating and putting their facts together. the final decision between nancy pelosi and the head of the sun -- of the senate when they finally came out with exactly what the bill would be -- it was done behind closed doors. the putting together of the bills, people putting in their amendments, was actually done on cspan every day and i watched that. secondly, with respect to these people calling about taking away guns. there is nothing about taking a
it to the tax base and locate it from a regional perspective but also a national perspective when you look at it. 30% of the nation's gdp comes from the gulf coast. if the five gulf states were a nation it would rank seventh globally. if you look the population increase there's been 109% increase in the population in gulf region. nationally about 52%. the people are there. the vol nebilities are will but also the significance in terms what it provides to the nation. i think from the state's perspective and also from the gulf we recognize that healthy echo systems also can mean healthy economies. and from louisiana what we have taken, what we believe is a very good first effort in addressing both the vulnerability that exist with the state's master plan has which is is a long-term plan addressing the ecological but reducing the risk across the coast. we believe we can achieve a 100-year protection for the community it's the resources that important. the ecological resource that's state provides and the gulf provides to the nation that if it's going to be afforded through the nation it has to prov
income taxes will likely go up this year 11 percent more than the number who believe gun laws will change. 48 percent say they expect changes through immigration reform this year. 21 percent believe the deficit will get smaller. >> when it comes to the deficit in spending 83 percent were told they believe government spending is out of control that's up from 78 percent back in february 2010 and the next economic debate is whether to raise that debt ceiling. 69 percent of you said it should only be raised after major cuts are made where 23 percent say it would be reckless not to. it is coming up. >>> powerful wind gusts tearing through the midwest knocking down this frtree and causing ito fall into the house in ohio. luckily the people inside the home were in the basement so they were not injured. >>> with the stong winds comes a a -- strong winds comes a bitter cold snap. for more let's go to maria molina. >> we are not looking at cold temperatures across the areas of the midwest but also in the oifrt ea northeast. we didn't get this cold in places like the northeast. take a look at portio
campus. and paying a huge tax bill with change doesn't seee like a good ideaabut califorria disageees. disageees.he paiida 14- thousand dollar property tax &pbill-with coins.. larry gasper ssys the act of change was part of his one-man protestt he ann pay half of the bill - the pounty refused to take the money... telliig him he had to coom back with all of it. so he did - in change. gaaper says: i had to borroww some mooey , ive issed a few &ppayments on my home toopay for my taxes for this piece of property my grandkids piggy banks my money , my change and a loo of people have offered to help a bit." bbt." the clerk was surprised quarters... but brought l in a few people tt make sure all the change added up correctly. the county suggests that people ánotá pay theirrtaxxs in change - but will accept payment as long as it's in the full amouut. 3 3 te batmobile on the auction block.the great bargain the nearry 40 years agoo 3 [ male announcer ] now at your neighbororhood subwa: the big hot pastrami melt. we perfected the pastrami sandwich -- fille
whether he wwll seek a hike in eithertheesales tax or gas tax...to payfoorhhghways and mass transitt 3 maayland officials labee thhs pear's inffuenza as 'wideepread.' ''idesppeed.'paul gessler protect yourself with a flu shot.paul-- & 3 itts onee hing to hear these pleas from health officials... but, i talkee to a family who paiifully knows all too welll.. how serious the flu pan be..--3 be. 3&pkrista respass, mother:"in every room, theee's a piece of jonah here, too."flu seasoo hits the espass family harder than most.krista: "you cut his hairr nd he looks like a baby again."their son, jonah, died five yearr ago.krista 3 sudden cardiac arrest, as a reeulttof the flu--the seasonal fll."krrstt and harryy &phad just brought jonah back respass, mother:"we knew riiht -3& away it was the flu, beccuse we had both had itt"harry respass, father:"within a couple hours later,,that's when everything changed." 3 90 minuues of mmetucking him 33 to check on him, he was gone.. jonah was 2 and a half years old.harryyrespass, father:"he woulddbe in thh eeond grade now."krist
middle class taxpayers were invited to the white house before a presidential speech on extending tax rates. >>> conservative media mogul rupert murdoch offered his thoughts on twitter. hopefully we'll get real actions on guns tomorrow, not some stage-managed stunt. >>> new york is the first state to tighten the gun control laws in the aftermath of newtown. andrew cuomo signed a wide-ranging bill last night. the package includes an expansion of the state's existing ban on assault weapons and lit limits gun magazines to seven rounds and requires mental health professionals to consider patients that are a possible threat. >> let's at least learn from what's happened. let's at least be able to say yes we went through terrible situations. but we saw, we learned, we responded and we acted and we're doing something about it. we're not victims. we can strike back. we can defend ourselves. but we're going to do it intelligently and we're going to do it prudently and we're going to put rules in place that actually protect innocent people and n. society. >> new york's law comes despite the nati
. so more invasionive in terms of taxes, which clearly is happening. and less alienled on whgned on about it. should government tax harder or should spending be cut harder? not only is there no agreement, but the democrats now are saying, listen, forget the debt ceiling. let's get rid of that silly little thing. but do we actually need a budget? >> so we're learning that we may finally get a budget for the first time in what, three years? significant, though, because these are just templates. >> i great, they are templates. but letting go at a time when the debt is compounding is worrying. however, having said that, you can get worried about that as a market participant, but as long as the federal reserve has open ended quantitative easing, nothing is going to happen from the long end. >> from a market point of view, we were talking about allen capper about this last hour. but from a market point of view, the best outcome is something that lowers the long-term debt outcome. but we keep get ago worsening of the long-term debt profile and a hit to the near term. that is a mix that
of march. there is no question that these big fiscal issues, taxes and spending will define the first quarter of the president's second term. >> george, talk about this term, the second term curse. we -- reagan had iran-contra, nixon had watergate. clinton had monica lewinsky. why is it that they tend to go sour. >> lyndon jonls had to resign before he ran because of vietnam. ever since roosevelt and the amendment that limited his terms, presidents tend to run out of steam and maybe even get tripped up by scandal in these second terms. i think it's kind of a natural reaction to the fact that power is moving on beyond these presidents because, in fact, they are lame ducks. the obama white house has studied this very, very closely. they know the perils of the second term. they think they can avoid the worst pitfalls, first of all, they are saying there's no scandals on the horizon but believe they can avoid the worst by having a focused agenda and moving fast. >> we'll see if they can. george, thank you very much. george will have a special inauguration edition of "this week" this morni
the california's budget picture is ing a lot rosier. >>> governor brown's prop 30 tax measure is in effect in california's budget picture is looking a lot rosier. >> it does, but there's some question now about how the governor got it top billing on the ballot. here's melissa griffin. an appeals court has ruled on a sneaky move by the governor. >> exactly. there's a reason why his measure was the top of the ticket. and molly monger's competing tax measure was far down on the ticket. and they revealed it was a abuse of power. generally the conventional wisdom is things at the top of the ballot have a better chance of passings, the further down they get on the ballot, they are more likely to vote no or not vote. how do we decide what order things go on the ballot. traditionally it's been determined by who gets their signatures in first. in last year's election, the pta backed income tax for education got their signatures in first so they should have been at the top of the ballot. jerry brown was in a pickle. he needed his prop 30 on the ballot and needed
tbtf. i submit that these institutions exact unfair taxes on the american people and they interfere with the transmission of monetary policies, which is my business, and inhibit the advancement of economic prosperity. i spoke on this for several years. i began with a speech in july of 2009 entitled "the pathology of too big to fail." i and our staff have written about it extensively. tomorrow, we will be issuing a special report available on the net that further lessen our proposal. it addresses the performance of community banks and regional breaks during the raid -- during the recent crisis. i want to urge you all to access that report when we make it public mar. the federal reserve convention requires that i issued a disclaimer, which is that i only speak for the federal reserve bank of dallas. not for any other association with our great central bank. this is usually abundantly clear. [laughter] but i have to say that. in many matters we entertain opinions that are very much different than those of our esteemed colleagues. i was the fourth my sentiments freely and without reserv
to the needs of our time. we must harvest new ideas and technology that we make our government, revamp our tax cuts come reform our schools, and empower our citizens with the skills they need to work harder and learn more and retire. but -- and reach higher. while the means change, the purpose and doors. a nation that rewards the effort and determination of each and every american, that is what this we believe every citizen deserves a measure of dignity. we must make the hard choices to reduce the cost of health care. we reject the belief that america must choose between caring for the generation that built this country and invested in the generation that will build its future. we remember the lessons of our past. twilight years were spent in poverty. a tablet disability had nowhere to turn. we do not believe that freedom is reserved for the lucky or happiness for the few. we recognize that men matter how responsibly we live our lives any one of us at any of our times may face a job loss or a home slipped away in a terrible storm. the commitments we make to each other do not zap our nation, th
the hard truth. people don't want to pay more taxes they don't want to see these cuts. they don't want to embrace the simpson bowl kind of proposals. these are hard choices. you and i didn't run for president. he sought the job. he is a good man. i think you would agree with that. it is his responsibility to lead us. my sense is the problem at the moment is he's allowing the dysfunction in the capital, which is there, and the public's reluctance to make hard choices, he's allowing that to lead him, he is not leading us. >> the president will lay down his agenda february 12th, the state of the union. >> it is time for your first degree weather update maria molina. >> less of the nation waking up with cold temperatures and with snow in some areas. >> especially lake-effect snow that kicked up across the lake you have cold air going over the lake waters. we are talking feet of snow in some of those areas right off the lake. i want to talk about how cold it is in the midwest and into the northeast. it has been years for some of us. you factor in the wind that's really what makes it feel so
, it goes to keeping independent media alive. it is a tax-deductible charitable contribution. what ever you can do. you can get other gifts as well. $10, we thank you. you will get the "democracy now!" bumper sticker. "democracy now!" independent tv revenues. but it on your car or bicycle. call right now, 866-359-4334. 866-359-4334. make the call that makes the difference. "democracy now!" coffee. we have our own brand called grounds for democracy. $75 contribution, two mugs and the coffee for $200. yellow or blue. please call. that is what counts. 866-359-4334. 866-359-4334. by the way, we will be streaming live the memorial service for the summer activist, social justice activist, computer programmer pioneer who helped to develop rss and was co-owner of reddit, aaron swartz. the memorial service will be saturday at 4:00 in the afternoon in new york. maybe you live in maryland or massachusetts or washington state and cannot be in new york, he comes from illinois. we will live stream that ad democracynow.org. check that out on saturday at 4:00 eastern standard time on democracynow.org. we u
know who he is, he's teed off now about taxes and the golfer hints he might be making drastic changes to his golfing schedule by checking out of california or the country because of soaring federal and state income taxes. mickleson says his current tax rate is more than 60%. in the meantime, let's talk about this other story, there's been a lot of discussion about guns in schools, and guns in general after the sandy hook sad situation in december in connecticut. and now there's a kindergarten girl who apparently owns one of these little devices, you look at the screen at hello kitty bubble gun. apparently, she was talking about this toy at school. it's my understanding she actually didn't even have the toy with her at the mt. carmel area school in pennsylvania. as a result of just talking about shooting bubbles at one another, apparently she received a ten-day suspension. it was reduced to two days, but that's kind of unclear now whether or not she should even have faced any kind of suspensi suspension. >> steve: well, this is kind of crazy the two five-year-old girls were waiting at
for tax reform by closing loopholes for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we consult the deficit issue without sacrificing our investments in things like education that are going to help us grow. it turns out the american people agree with me. they listened to an entire year's debate over this issue, and they made a clear decision about the approach they prefer. they do not think it is fair to ask a senior to pay more for his or her health care or a scientist to shut down like that saving research so that a multi millionaire investor can take less in tax rates then a second trip -- and a secretary. they do not think it is smart to protect and as corporate loopholes and tax breaks for the wealthiest americans rather than rebuild roads and schools or help manufacturers bring jobs back to america. they want us to get our books in order in a balanced way where everyone pulls their weight, everyone does their part. that is what i want as well. that is what i have proposed. we can get it
, michelle. >>> there once was a name barack whose re-election came as a shock, he raised taxes i pay and then turned marriage gay and now he's coming after your glock. captioning funded by cbs >>> welcome to "cbs morning news." i'm charlie rose in new york. norah o'donnell is in washington. on the morning after a very long inauguration day. >> that's right, d.c. police say more than 800,000 people came to the national mall to see president obama's swearing in. thousands of them stayed around to join the president for the inaugural parties last night, bill plante is at the white house. bill good morning. >> reporter: good morning, and good morning out west. the first event on this morning after happens in this hour the president and vice president and their wives attend the national prayer service. last night, the east room of the white house was the place for the hottest afterparty in town. entertainers like kelly clarkson and john legend, lots of politicians, friends of the president, all after the two official inaugural balls. >> my dance partner, michelle obama. >
. these three states -- new york, new jersey, and connecticut, threes three states pay almost 16% of the taxes collected in the united states of america. three states, 16% of the taxes. you ask the question, who suffered because of superstorm sandy? certainly our neighbors in new york and new jersey and connecticut suffered the most, but all americans will suffer if this economic engine is not rebuilt. the three states that pay nearly 16% of the taxes need this reconstruction, and so does the united states of america. all members, republican and democrat, should vote yes in favor of this legislation. i yield back. the speaker pro tempore: the gentleman yields back. the gentleman from oklahoma is recognized. mr. cole: i reserve the balance of my time, mr. speaker. the speaker pro tempore: the gentleman reserves. the gentlelady from new york. ms. slaughter: i'm pleased to yield a minute and a half to the gentleman from new york, mr. bishop. the speaker pro tempore: the gentleman from new york is recognized for 1 1/2 minutes. mr. bishop: i thank my friend, representative slaughter for yielding ti
. >>> president obama's political organization will now become a tax exempt group to support his second-term agenda. obama for america will relaunch on sunday after he takes the official oath of office. wax statues of president obama and the first lady got an updated look, including more grey hair for the president. the wax museum in washington exhibited the statues of the first couple on top of a double decker bus on thursday. >>> ever wonder about the expenses for america's presidents? well, he earns $400,000 a year in salary, but he gets $191,000 a year after he leaves office. he has 468 people on his staff, which costs about $36 million. air force one costs about $180,000 an hour to run. the cost of running the white house is estimated at $ 1.6 billion. ain't cheap being president. >>> if you want to buy the most famous house in america, it's estimated to be worth almost $295 million. like other american houses, its value was estimated to be much higher and nearly $300 million in 2006. took a dip in the housing market. that's your morning dish of scrambled politics. >>> now for a lo
counts of prostitution, veelgs of privacy, and tax evasion. >> not guilty. >> reporter: her attorney is adamant her client is innocent. >> it's been tough. there's been a lot of scrutiny. getting through the day in any sort of normal way has been difficult. she's doing the best she can. she's certainly worried about what's going to happen to the criminal process. >> reporter: we went to wright's house back in october looking for answers. >> hello. is anybody home? you don't want to talk about the allegations? did you do it? >> no comment. >> did you run a prostitution ring? >> you know what, i will pick up the phone, and i will call the police. >> reporter: it is a scandal that has ripped apart a small town and destroyed lives and reputations. at the center of it, the woman who has yet to tell her story, alexis wright, who has everyone talking. as for mark strong sr., he says he will spend the rest of his life apologizing to his wife. >> i'm sorry for any dishonesty, for the intimate relationship that i had with alexis wright. >> reporter: for "nightline" i'm john shrippen, in kenneb
been closed. $1.6 million in tax. we have been the envy of the world as to our justice system. as the world becomes smaller and as multinational corporations decide where they will invest their money, they have historically invested it in the united states because we have had a court system that has been the envy of the world, but they won't continue to do that if they cannot get justice in america. there is an economic reason as well as a moral reason to make sure that our courts are open. we have a crisis in our federal system. 92 vacancies exist today in the federal court system. 15% of our federal court is vacant. we have 26 districts under federal emergencies, judicial emergencies. we have 18 judges come out with no opposition on either side, and it wasn't a political issue. could not get one of them through congress. you know, when i talk to the graduating students, i just went through that season and had a chance to talk to many, many graduating law students, and i talked about those four words come and i said, you have read millions of board to get to today. you only h
: taxes, social security, healthcare costs, they see it all come out of their fictional check. >> when i compared this with my friend in term of how much i had to pay for taxes, a little disappointed sometimes. >> reporter: nonprofit junior achievement built this really cool space with the help of capital one bank right behind frost middle school in fairfax. during the day students learn how to apply for a modern, fill out a car loan -- mortgage, fill out a car loan application, buy insurance, even a storefront for investments and giving to charity. >> when kids understand how to manage money and make good choices, they will be better consumers ultimately. >> reporter: just before they finish all their calculations they get one of these, an unlucky chance card, something in real life that can really wreck your budget like the added expense of your engine blowing in your car or a tree falling on your home and students are not allowed to finish the day in the red at finance park. so they have to adjust their whole balance sheet. >> it definitely gave me some insight on how adult life is
, raise children, and pay taxes without having a vote in congress. d.c.'s nonvote in congress horton has introduced another bill to give the district a statehood. it would make the district the 51st state. that measure hasn't come close to approval in the past several years. there is a separate bill that would give the district final say over its budget authority. >>> a gun accidentally went off at a gun show at the north carolina state fairgrounds. when it was over, three people had been injured. state officials say a 12-gauge shotgun somehow discharged while its owner unzipped a case at a security entrance. two bystanders were hit by shotgun pellets and taken to a hospital. a retired deputy sheriff suffered a slight hand injury. there was a similar accident in ohio. a gun dealer accidentally shot a man while checking out a handgun he had just bought. the victim suffered wounds to an arm and >> some wusa 9 staffers jumped in to volunteer for today's national day of service, they packed bags for active service members and wounded warriors at the d.c. armory. some of our colleagues all to
." people don't realize that taxes and health care are connected. the affordable care act means big changes this year... when you file your taxes. i read the whole 900 pages. it literally took me weeks. i will give you a tax and health care review. i know the law. i have the solution... and i can help you figure it out. we're going to see this through together. ♪ made with only milk... cream... a touch of sugar... and pure natural flavors. ♪ who knew being natural could be so delicious? coffee-mate natural bliss. from nestle. add your flavor naturally. nah, i'm good. ♪ [ male announcer ] every time you say no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology. quit one day at a time with nicoderm cq. people have been daring them to clean up tough messes. my fans think a paper towel can't handle this. ♪ that is tough when wet. [ peggy ] grab viva and break the rules on all your tough messes. [ peggy ] grab viva and break the rules it's no ordinary nonfat yogurt.k it has twice the protein of regular lowfat yogurt. and at 80 ca
's not that hard. there once was a man name barack who's re-election came as a shock. he raised the taxes i pay and then turned marriage gay. and now he's coming after your glock. [ laughter ] [cheers and applause] poet laureate, please. now, i'm not going to do a critical deconstruction of obama's partisan screed masquerading as an inaugural speech. now is not the time to criticize. i will just say this, it was a clear call for a radical, collectivist agenda. listen to this language. >> we, the people, still believe that enduring security and lasting peace do not require perpetual war. we, the people, still believe that every citizen deserves a basic measure of security and dignity. for we, the people-- we, the people-- we-- we-- we-- >> stephen: we, we, we. all the way home. [ laughter ] this little piggy is sick of it! socialist overreach is coming. by february we'll all be chained up in solar-powered asparagus gulags being force-fed birth control pills by illegal immigrants who gay-marry us to endangered sea turtles. [ laughter ] my advice: find a good looking turtle-mate soon; you don't wa
. people forget reagan was able to get tax reform, bill clinton was able to get a balanced budget. certainly a big opportunity for the president but fully aware in the white house, a lot of challenges ahead as well, jenna. >> certainly not challenges for a father. nice to see the first family, ed, and how much the girls have grown up over the last four years. what we're looking at for the president tomorrow besides the hair styles and what everybody is wearing at the inauguration is what is he going to say? what will be the address to the nation tomorrow? you mentioned some policy challenges ahead. what are you hearing about tomorrow's address and how that might set the table, if you will, for the years to come? >> true. what i'm hearing is the state of the union address next month is really where the president will go with a deeper dive on policy, whether it be gun control, immigration reform, the debt ceiling debate. tomorrow's broad scene. his senior advisor will talk about bringing the country together. republicans are saying the early signals they've seen from the president a
they will need to save a bit, increase taxes, but now it's clearly showing that their budget can be taken under control, as well. because if not, i think the market is going to punish them, either with a credit downgrade or with higher yields. and that seems to be the trend for 2013. that's higher yields are almost a given. >> sorry. people are going to stop buying u.s. treasuries. what had are they going the buy instead? >> well, i would like an acronym on that one. it's call tiana. there is an alternative and the alternative would be equity. what we've seen is there's a rotation within the fixed income sector going from, let's say, the save bonds cash, save bonds and up the scale on the corporate level. first investment grade to now we see many investors buying high yield and emerging market debt. but i think they haven't crossed the bridgette towards equity. and that's just a matter of time. if the yields on, the high yields are at the same level. i think you actually make an upgrade on your credit policy and you have the same -- the same level of income. but i think that is clearly an alter
to 6 inches. we'll get your local weather after this message. when you file your taxes. i read the whole 900 pages. it literally took me weeks. i will give you a tax and health care review. i know the law. i have the solution... and i can help you figure it out. we're going to see this through together. >> announcer: "today in the bay" weather is sponsored by bank of the west. >> 7:19 on wednesday morning. good morning. i'm christina loren. it's another cold start to the day. temperatures in the 20s and 30st. 28 in concord. 28 degrees in santa rosa to start. we are headed to the 60s. upper 50s bay side and at the coast today. we'll see temperatures climb as we progress through the end of the week. up to 68 degrees by the weekend. santa cruz getting warmer than that. mid 70s possible sunday. >>> and that's your latest forecast, guys. >> dylan, thank you very much. >>> crash course on what you should try to avoid touching as we enter the peak of this nasty flu season. >>> ryan seacrest up early, live in our studio. first, this is "today" on nbc. >>> coming up, one of the world's
meanses big changes this year...ected. when you file your taxes. i read the whole 900 pages. it literally took me weeks. i will give you a tax and health care review. i know the law. i have the solution... and i can help you figure it out. we're going to see this through together. for their "destination wedding." double miles you can "actually" use. but with those single mile travel cards... [ bridesmaid ] blacked out... but i'm a bridesmaid. oh! "x" marks the spot she'll never sit. but i bought a dress! a toast... ...to the capital one venture card. fly any airline, any flight, anytime. double miles you can actually use. what a coincidence? what's in your wallet? [ all screaming ] watch the elbows ladies. i just got started and i'm like "hey, that first 20 came off, well it wasn't too hard at all." i love breads. you can still eat bread. i love my sweets. i can still have a cookie on weight watchers. i love the barcode scanner. occasionally, i'll use it at the bar. of course! that's what it's for, right? bar code. oh i think i'm never going there again. i feel healthy. and just...young a
in the mail.the storr behind it.... but next... prisonees... caughttup in tax fraud.how many miillons of dollars have been claimed... by ppople behind bars.you're watching fox 45 morning news.. all local.. all morning. ,3 3 new this morning... millions of readers know as 94-yeer-olddhad long sufferee abby" s he world'' most dear - &pwidely syndicated column... with a daily readershii of according to the syndication service "universal u-click." if you're against getting the "old" flu shot....this new vaccination may change your mind. the f-d-a has approved a new flu vaccine that's made áwithoutá eggs or the called "flublok" and was t's - and an insect viruu. thee years-old.. eeperts say it - uses a faster anufacturingg process....and contaans three strains of nfllenza. a new government report finds more prisoners... are committing tax fraud.ittffids thousand inmates claimed 91---3 758-million-doolars in fraudulent refundssthat's more the i-r-s stopped mosttof the fraudulent refunds from actually getting into the hands of prisoners... but 35- million dollars still mann
-percent sales tax on games mature, adults only. >>> now a story about shakedown and extortions. >> you really should have some around the clock security. isn't that what the police are for? >> they do their best but they have their hands full. >> your weekly dues to us will give you all of the supplemental safety net you need. >> this has nothing to do with the sopranos. he bought this piece of land in florida before it was designated as a wetland. he offered the government 111 of the 15 acres in exchange to develop the rest. the government tried forcing him to pay to enhance 50 acres of unrelated land. he passed away but his son is now leading the fight. the government says nothing has been taken. a supreme court decision expected in june. >>> a hunter falls through the ice on the colorado river with his body half submerged in the frigid water he clung to an ice shell for nearly 30 minutes all the time while trying to wave his dog away from the danger. firefighters pulled him out of the water he will be treated for help thermia. the man and the dog are okay. >> man's best friend there. >> th
's messed-up tax second look,there. er smart. people bring in old tax returns, and i'm like, "who did this to you?" don't worry, i'll fix it. i'll go back three years... and get you every single deduction out there. with fancy feast mornings gourmet cat food. (announcer) make mornings special, mornings are delicious protein rich entrees with garden veggies and egg. fancy feast mornings. the best ingredient is love. people have been daring them to clean up tough messes. [ phone ding! ] another dare. they're proving that viva doesn't play by the rules. dunk it again for the close-up. my fans think a paper towel can't handle this. ♪ that is tough when wet. at least the fame hasn't gone to their heads. [ peggy ] grab viva and break the rules on all your tough messes. the camera loves your mom. she's a natural. >>> u.s. presidents undoubtedly have one of most demanding jobs around. the "washington post" ran a sthier explained the stress -- story that explained the stress presidents face can make them age twice as fast. that makes you want to sign up for 2016. >> four years ago, look at w
.c. for four years, he sees how unfair it is for families in the district to pay taxes but not have a vote in congress. >>> thousands of extra law enforcement officers are on duty for inauguration events. >> they got their marching orders within the last 24 hours. >> professionally and impartial at this. >> hundreds of police officers traveled to d.c. and were sworn in as deputy u.s. marshals. this was a ceremony at american university's bender arena yesterday. they also got a security briefing and reminders on what to look out for in the crowds. extra officers also arrived in town this weekend to help metro transit police patrol it trains and bus lines. we're watching several developing stories not related to the inauguration. >> it's 4:22. pat lawson muse is in the news 4 studios with more on the stories. good morning. >> good morning, eun and aaron. >> fire investigators are still trying to figure out what caused a house fire that sent a man to the hospital. it broke out in the 6600 block of 24th place near the anacostia river. firefighters arrived at the home to find a man on the front
. we have ground to cover. typically it comes later. payroll taxes all that stuff. the economy definitely impacts people. the thing that is great about this is helps build communities. >> what is incredible is it grows expedientially each year. there is such good karma people love to give to this cause. >> there is something for everybody. special olympics provide through sport the opportunity to bring athlete and people in the community who might not otherwise interact with them together. the plunge brings people together from all walks of life all economic stratus all for great cause of special olympics. >> you know john said it's supposed to get very cold this week. >> yes, he did. i understand that. >> how are you feeling? >> i am feeling great and so is everybody who is going to get out there. not too late to sign up. >> great. thank you. congratulations on your new job. >> thank you so much. great to be here. >>> maryland state police bowl lar bear plunge january 25th and 26th at sandy points park at plunge maryland.com. for more information www.somd special olympics if y
're going to sell it to me, you have to go through all kinds of registration, pay taxes, do all of other things. we transferred one of our cars to one of our sons here recently. we had to go through the motor vehicle department transfer, whatever. why somebody should be able to go into a gun show and buy any kind of a thing, on any kind of the background check you might have otherwise, at least -- i can't understand that. i really can't. i think we should have stricter background checks. i think they should be real ones. if you have the restraining orders on you, other things, we ought to be able to do that. i realize every state's different. vermont has virtually no gun laws. you can carry loaded concealed weapon in vermont this afternoon if you were there with no permit. we also have one of the lowest crime rates in the country but not because of that. we are as a society we are very law-abiding, but would that stop somebody who is mentally unhinged from going out and using a gun, knife, or anything else to kill people? no. the president's right when he says there are a whole lot -- i'
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